Centralnic Share Discussion Threads

[onjohn] 14/8/2023 06:39

looks like margin down

[rivaldo] 14/8/2023 06:33

Very strong H1 results this morning.

With 11.37c adjusted EPS in H1, CNIC are well on track to beat Zeus's forecast of 21.3c EPS this year, which Zeus themselves say is conservative.

Cash flows remain terrific, if not quite as high as previously, and are expected to normalise higher again in H2 - CNIC would have reduced net debt by almost $21m without the buybacks, divi and deferred consideration.

CNIC themselves state they're trading "at least" in line with expectations, setting up a beat for the year.

I note an increase in the mentions of AI in the statement.......

CNIC remain exceptionally cheap imho given the cash flows, low rating, digital expansion potential etc.

[yf23_1] 11/8/2023 12:31

Chartwise we have the share price now above the 200 ma and the 50 ma turned upwards towards the 200 ma. The 21 ma above the 50 ma and about to break upwards thru 200 ma.
So we have momentum and as the low prices drop out of the 50 ma (even if the share price stays where it is). We may get a golden cross where the 50 ma crosses above the 200 ma if the share price rises from here.

[adamb1978] 11/8/2023 10:57

Thanks for the data. Share price is only 10% or so higher though; let's say it pushes on further then the 152 might come down to say 120? 100 As a min I'd have thought. So that 5-6 months more

[cp42kx07] 11/8/2023 10:49

FWIW...Since announcing the the share buyback programme on 15/05 CNIC has acquired 8,425,204 shares at an average price of 118.6532.There have been 64 trading days, only 3 of which saw no buybacks (22/05, 12/06 & 27/07).Average spend per trading day (excluding no buyback days, i.e. 61 days) £163,881.56.Average spend per trading day (including no buyback days, i.e. 64 days) £156,199.61.Total spend £10,137,382.53.Allocated amount £34 million.Balance unused £23,862,617.47.At the buyback rate / average price since 15/05 this equates to a further 152 trading days.However, I am confident that the actual number of days will be considerably less based on a much improved share price.E&OE!

[adamb1978] 11/8/2023 08:59

I think its April next year from memory - they have £30m to burn through so it'll take months!

You could probably take the latest RNS, caclculate the daily run-rate buy back and work out when they'll have got through the £30m...but it'll be months. By then, they'll have put out a couple more quarters of financials so the cashflow should be staring people in the face by then

[hsduk101] 11/8/2023 08:17

Anyone have an idea of when is the planned end date for the share buy backs?

[boadicea] 09/8/2023 13:00

If we have finally exhausted the eager sellers the company may find it difficult to buy regular quantites without forcing up the price. Nice thought.

[rivaldo] 09/8/2023 11:00

Looking good here, with slow and steady rises each day.

Hopefully the buybacks have finally eliminated any large sellers and buying/news flow from here will have a decent impact.

[adamb1978] 09/8/2023 08:57

here you go:

hxxps://www.edisongroup.com/?s=centralnic

Might need to register, but its free

[cyberbub] 09/8/2023 08:23

Have you got the link please?Personally I still struggle to see how this is under 200p, with such excellent (and growing) cashflow.

[adamb1978] 08/8/2023 16:39

Scratch that - found it. Edison from march last year

[adamb1978] 08/8/2023 16:35

Hello

I recall reading a free research report about CNIC in the last year or so which listed out their peers/comps and trading multiples for each of those. Does anyone remember seeing that report and can someone remind me who it was? I should probably save these things somewhere...
Thanks

Adam

[doobz] 08/8/2023 16:11

It's got 140 firmly in its sights now, amazing update

[diesel] 08/8/2023 08:14

Too early to tell but the share price of late is performing differently than past couple of years, watching charts with interest.

[ggrantsu] 07/8/2023 21:38

I just cannot see a situation where this doesn't get an offer soon...and an offer with a significant premium at that. Exceptional little business that is pretty much just scaling the internet like a tree and monetising anything it can get its hands on. The Microsoft Bing partnership will also be hitting this quarter...I think we will be in for a very strong second half in my opinion...

The key for them is embedded in today's RNS...they have so many different revenue drivers now that they really do seem to fight the good fight vs. a weaker macro environment. We already knew this last year through the year when they just seemed completely unaffected but seems like they are in an even better position now.

[deanowls] 07/8/2023 10:32

People still don’t understand the mechanics. As they slow down the pace of acquisition and show genuine cash this will double.

[adamb1978] 07/8/2023 10:23

Looks like a positive RNS, but very hard to put any numbers against that sort of announcement. In a decent market, you might expect a bit of a jump but doesnt surprise me at all that the price hasnt moved today given where small cap sentiment is

[johndoe23] 07/8/2023 10:17

Continued positive news. Surprised share price hasn't ticked up more today, looking at the order book

[rivaldo] 07/8/2023 06:38

That's a pretty impressive RNSNON:

- Booking.com
- Klarna
- Shopify
- and Sovrn, a "leading publisher technology platform reaching 500 million active consumers each day"

Not a bad list of partners.

[timmy11] 07/8/2023 06:26

7 August 2023



CentralNic Group plc

("CentralNic", the "Group" or the "Company")



Continued Expansion with Key Partnerships and Integrations



CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress of the Group.



Zeropark (www.zeropark.com), the Commerce Media offering of CentralNic, has now been upgraded to a Tier 1 Demand Partner by Sovrn, a leading publisher technology platform reaching 500 million active consumers each day1. This exclusive status not only reflects the scale of business that Zeropark has achieved with Sovrn, but also underscores CentralNic's continued commitment to compliance, transparency, and a mutual respect for Terms of Service (TOS) and operating practices. As a Tier 1 partner, Zeropark now has access to premium placements that are only available to a select group of Sovrn's most trusted partners.



In addition, Zeropark has secured a significant deal with Booking.com, the global online travel agency which recorded over 600 million website visits in June 20232. This partnership is aimed at increasing vacation bookings on Booking.com through targeted ad campaigns run by Zeropark's media buying team. Using the Zeropark platform, CentralNic will connect high-intent travellers seeking their next getaway directly to Booking.com.



Furthermore, Klarna, the Buy Now Pay Later platform, has become a direct publisher on the Zeropark network. This strategic alignment marks a transformative phase in e-commerce advertising, creating novel opportunities for advertisers and enhancing the product discovery and purchase journey for Klarna's 150 million users3.



Voluum (www.voluum.com), CentralNic's flagship ad tracker, has launched a new integration with the popular e-commerce platform Shopify. This free integration will allow the Company's customers to directly feed conversion data from their Shopify stores into Voluum, bolstering their ad, product, and page performance. Together, Voluum and Shopify aim to provide the necessary tools to millions of entrepreneurs, to enable them to create successful online stores and reach customers online, through mobile applications, and in physical stores.



Michael Riedl, CEO, commented: "These recent strategic alliances are not just partnerships, they are a testament to CentralNic's unwavering commitment to innovation and collaboration. They seamlessly align with CentralNic's strategic objective to work hand-in-hand with industry leaders across all sectors we engage in. These partnerships not only further enhance the value proposition of Zeropark and Voluum for our advertisers and publishers; they also underscore our dedication to understanding and addressing the unique needs of our business partners. Our ability to secure premier companies as partners is a reflection of our deep understanding of respective value chains, and our genuine commitment to fostering a symbiotic relationship that benefits all parties involved. This is not just about business growth, it's about shaping the future of the digital landscape together."

[rik shaw] 06/8/2023 07:52

ten per cent of the Company's issued Ordinary Shares (see RNS 3 July)

[hsduk101] 05/8/2023 17:09

Nice that it's hit the 130p mark. Positive sign that

[johndoe23] 05/8/2023 16:36

How many more shares are they buying back?